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Citizens Financial Services, Inc. CZFS Investment Program, Proportional Amortization Method, Applied, Amortization Expense

Investment Program, Proportional Amortization Method, Applied, Amortization Expense at other companies

Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$194K+23.8%
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First Business Financial ServicesFBIZ
$1.89M+18.8%
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Park NationalPRK
$2.26M-0.7%
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RBB BancorpRBB
$587K+40.1%
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Five Star BancorpFSBC
$602K+70.1%
Heritage Financial logo
Heritage FinancialHFWA
$5.9M0.0%

Other financials

Income statement

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Revenue$29.8M+12.8%
Net income$10.4M+36.2%
EPS (diluted)$2.16+35.8%

Balance sheet

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Cash & equivalents$33.1M-10.0%
Total debt$198.7M-34.2%
Total equity$343.6M+11.4%
Total assets$3.0B+0.3%

Cash flow

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Operating cash flow$18.0M+64.6%
CapEx$125.0K-78.6%
Free cash flow$17.9M+72.7%

Valuation

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Market cap$341.1M+26.0%
Enterprise value$506.74M-5.4%
P/E8.7×-0.9×
P/S+0.3×

Profitability

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Net margin34%+6.2pp
FCF margin37%+8.8pp

Returns & leverage

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Return on equity12.1%+2.4pp
Debt / equity0.6×-0.4×

Where this comes from

Reported directly by Citizens Financial Services, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization.

The official record: Citizens Financial Services, Inc.’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citizens Financial Services, Inc.'s investment program, proportional amortization method, applied, amortization expense?
Citizens Financial Services, Inc. (CZFS) reported investment program, proportional amortization method, applied, amortization expense of $194K in Q4 2025.
How has Citizens Financial Services, Inc.'s investment program, proportional amortization method, applied, amortization expense changed year-over-year?
Citizens Financial Services, Inc.'s investment program, proportional amortization method, applied, amortization expense increased by 23.8% year-over-year, from $156.75K to $194K.
What is the long-term trend for Citizens Financial Services, Inc.'s investment program, proportional amortization method, applied, amortization expense?
Over 2 years (2023 to 2025), Citizens Financial Services, Inc.'s investment program, proportional amortization method, applied, amortization expense has grown at a 0.9% compound annual growth rate (CAGR), from $762K to $776K.
What does investment program, proportional amortization method, applied, amortization expense mean?
Reflects the periodic expense recognized to write down the carrying value of investments in qualified affordable housing projects using the proportional amortization method. This expense aligns the investment's book value with the realization of associated tax credits over the project's life. It is essential for understanding the net economic impact of tax-advantaged community development assets.